Canadian National Railway (NYSE: CNI)
A number of other firms have also recently commented on CNI. Analysts at Barclays Capital upgraded shares of Canadian National Railway from an ?underweight? rating to an ?equal weight? rating in a research note to investors on Monday, January 7th. They now have a $102.00 price target on the stock, up previously from $92.00. Separately, analysts at Zacks reiterated a ?neutral? rating on shares of Canadian National Railway in a research note to investors on Thursday, January 3rd. They now have a $97.00 price target on the stock. Finally, analysts at FBR Capital downgraded shares of Canadian National Railway from an ?outperform? rating to a ?market perform? rating in a research note to investors on Wednesday, October 31st. They now have a $94.00 price target on the stock, down previously from $110.00.
Five analysts have rated the stock with a buy rating, one has given an overweight rating, twenty-three have given a hold rating, and two have given a sell rating to the company?s stock. Canadian National Railway presently has a consensus rating of ?hold? and a consensus target price of $93.62.
Shares of Canadian National Railway traded down 0.84% during mid-day trading on Wednesday, hitting $93.65. Canadian National Railway has a 52 week low of $74.50 and a 52 week high of $95.89. The stock?s 50-day moving average is currently $92.15. The company has a market cap of $40.410 billion and a P/E ratio of 15.35. Canadian National Railway last issued its quarterly earnings data on Tuesday, January 22nd. The company reported $1.41 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.40 by $0.01. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.56 billion. During the same quarter in 2012, the company posted $1.30 earnings per share. The company?s quarterly revenue was up 7.0% on a year-over-year basis. Analysts expect that Canadian National Railway will post $6.16 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, March 28th. Investors of record on Thursday, March 7th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.83%.
Canadian National Railway Company (CN) is engaged in the rail and related transportation business. CN manages its rail operations in Canada and the United States.